“You can officially add Research In Motion to the list of companies that Steve Jobs, the late Apple CEO, has dispatched from the technology marketplace. This time Jobs has done it posthumously,” John Shinal reports for MarketWatch.
“With Apple wielding such power, I have to wonder which mobile phone rival might be next on that list, which also includes Nokia,” Shinal reports. “The news that RIM is delaying the release of its next-generation phone is certain to be the death knell for the Canadian maker of the BlackBerry. Despite pioneering corporate email and text delivered to a mobile device, RIM is now toast. Consumers are always on the hunt for the latest features, and the Canadians have now been lapped by the techies from Cupertino for at least three upgrade cycles. The mindshare battle is over. Nokia NOK -1.90% and RIM will be gone as brands soon. Bet on it.”
Shinal reports, “If Microsoft wants its mobile business to survive — in either the hardware or software markets — in the face of the iPhone juggernaut, its time may be very short. The mobile graveyard is getting crowded.”
Read more in the full article here.
MacDailyNews Take: Bloodbath.
BlechBerry: Beleaguered RIM slashes 5,000 jobs, 30% of workforce; sales crumble – June 29, 2012
Beleaguered RIM delays BlackBerry 10 OS until 2013 – June 28, 2012
Why beleaguered RIM won’t be bought: Not much value in a dying platform – June 26, 2012
Former half-CEOs Balsillie, Lazaridis pocket $12 million in ‘entitlements’ from beleaguered RIM – June 15, 2012